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On February 26, 2025, the White House announced the implementation of the President’s “Department of Government Efficiency” cost efficiency initiative. This initiative aims to transform federal spending by enhancing transparency and accountability regarding government expenditures on contracts, grants, and loans. Agency heads are required to develop systems for justifying payments, reviewing existing contracts, and ensuring that non-essential travel is justified, all with the goal of reducing waste and promoting efficiency in government operations.

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